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DOGE longers’ last chance to escape?
$DOGE /USDT - Going short SHORT
Trading plan:
Entry: 0.07366 – 0.07392
SL: 0.07500
TP1: 0.07288
TP2: 0.07227
TP3: 0.07136
Why focus on this structure?
- RSI (15m) is only 40.97, weakness unchanged
- The daily chart is clearly bearish, 4h direction is SHORT, confidence 95%
- Current price 0.07379 is hugging EMA resistance; rebound is a place to short
- Why now? Before the 0.07501 stop-loss triggers, the shorts have already set up their ambush
Discussion:
Will this drop from 0.07379 directly smash down to TP2 0.07227, or will it first pump a bit to lure longs before then crashing?